NEW YORK—The Federal Reserve Bank of New York announced that its board of directors has approved the promotion of 11 officers to assistant vice president rank and named 16 new officers at the Bank.

The following people have been promoted to assistant vice president:

In the Automation and Systems Services Group:

• George T. Inserra, Jr. of Old Bridge, New Jersey
• James J. Leary of Warwick, New York

In the Bank Supervision Group:

• James M. Mahoney of Cortlandt Manor, New York
• Barbara J. Yelcich of Brooklyn, New York

In the Executive Office:

• Denise B. Schmedes of Middletown, New York

In the Legal Group:

• Michael V. Campbell of Summit, New Jersey

In the Markets Group:

• Christopher R. Burke of Croton-on-the-Hudson, New York
• Michele R. Walsh of Farmingdale, New York
• William A. Walsh of New Providence, New Jersey

In the Research and Statistics Group:

• James A. Orr of South Orange, New Jersey
• Til Schuermann of New York, New York

The following people have been promoted to Bank officer:

In the Bank Supervision Group:

• Kevin D. Coffey of Garden City, New York

In the Executive Office:

• Marsha Takagi of Brooklyn, New York
• Susan E. Valentine of Brooklyn, New York

In the Financial Services Group:

• Brian Jack of Somerset, New Jersey
• Richard M. Deitz of Lockport, New York

In the Legal Group:

• James P. Bergin of Brooklyn, New York
• Gregory Cavanagh of Brooklyn, New York
• Anne M. MacEwen of Pelham, New York

In the Markets Group:

• Deborah L. Leonard of Brooklyn, New York
• Natasha M. Zabka of New York, New York

In the Research and Statistics Group:

• Michele Braun of Scarsdale, New York
• Valerie D. LaPorte of Somerset, New Jersey
• Jonathan P. McCarthy of Forest Hills, New York
• Asani Sarkar of New York, New York
• Argia M. Sbordone of New York, New York
• Cedric Tille of New Brunswick, New Jersey